1. Arlington Corporation's financial statements (dollars and shares are in millions) are provided here.

   Balance Sheets as of December 31
   	2019		2018
   Assets
   Cash and equivalents	$ 15,000		$ 13,000
   Accounts receivable	35,000		30,000
   Inventories	31,025		29,000
   Total current assets	$ 81,025		$ 72,000
   Net plant and equipment	50,000		49,000
   Total assets	$131,025		$121,000
   Liabilities and Equity
   Accounts payable	$ 10,600		$ 9,000
   Accruals	7,400		6,000
   Notes payable	6,200		5,300
   Total current liabilities	$ 24,200		$ 20,300
   Long-term bonds	20,000		20,000
   Total liabilities	$ 44,200		$ 40,300
   Common stock (4,000 shares)	60,000		60,000
   Retained earnings	26,825		20,700
   Common equity	$ 86,825		$ 80,700
   Total liabilities and equity	$131,025		$121,000

   Income Statement for Year Ending December 31, 2019
   Sales	$240,000
   Operating costs excluding depreciation and amortization	190,000
   EBITDA	$ 50,000
   Depreciation & amortization	7,000
   EBIT	$ 43,000
   Interest	5,350
   EBT	$ 37,650
   Taxes (25%)	9,412.50
   Net income	$ 28,237.50
   Dividends paid	22,112.50

   Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to the nearest whole number, if necessary.

   Construct Arlington's 2019 statement of stockholders' equity.

   Statement of Stockholders' Equity, 2019
   	Common Stock	Retained Earnings	Total Stockholders' Equity
   Shares	Amount
   Balances, 12/31/18	million	$ million	$ million	$ million
   2019 Net Income		million
   Cash Dividends		million
   Addition to retained earnings			million
   Balances, 12/31/19	million	$ million	$ million	$ million